Ethanol Ventures
Ethanol Ventures
Ethanol Ventures

Management Team

The management team that was responsible for developing this Project to date has joined the board of EVG which is the company working to bring the Project to a position to meet the Minimum Conditions, and which is intended to be the operating company. This management team has been joined by Tim Levy, CEO of Future and Malcolm Ritchie as a non Executive director.

Andrew Hartley – Chief Executive Officer
Andrew is a qualified chartered accountant having completed his training with KPMG in Leeds. In 1987 he left KPMG to join Encon plc, a venture capital backed insulation manufacturer and distributor as group financial controller, later becoming finance director of Encon RGS Insulation Limited, the group’s distribution division. In 1992 Andrew took up the position of group financial controller with the listed engineering and fluid transfer group, Syltone plc and was promoted to financial director in 1997; during this time he was part of a small executive team that restructured and grew the business up to its acquisition by a US company in 2004. Andrew was appointed to the company as finance director in October 2005 and subsequently took up the position of Chief Executive of the Company on 10 April 2006.

Tim Levy, CEO, Future Capital Partners Limited
Tim is CEO and founder of Future Capital Partners, a company that designs and markets structured investment products in the media, real estate, renewable energy, life sciences and transportation sectors. Future Capital Partners has originated and executed nearly £5.5 billion of structured finance transactions whilst Tim has been its CEO. Tim is also a director of the Aramid Entertainment Fund (and its technical advisor, Aramid Capital Partners), a trade finance company specialising in making loans to the entertainment sector. Aramid Entertainment Fund has $220m under management and has generated an annualised IRR in excess of 20% since its launch. Tim is a director of or partner in several other businesses, notably Ethanol Ventures Limited which is the parent company of EVG, a company established to develop and exploit alternative fuel sources, Novia PLC, a provider of technology driven administrative solutions to the financial services sector and the Sage Bhartiya Infrastructure Fund IC Limited, a company investing in Indian infrastructure. Tim has been involved in the structured finance business since 1997, prior to which he was an insurance broker specialising in natural catastrophe risks.

Malcolm Ritchie – Non Executive Director
Malcolm Ritchie was formerly the Chief Executive Officer of United Biscuits. He was appointed following the business being taken into private equity ownership in 2000. As CEO, the business was transformed via a new strategy that included acquisitions and disposals, restructuring and cost programmes and branded sales growth. In 2006 the business was successfully sold via a breakup to maximise value for the shareholders. Prior to joining United Biscuits, Malcolm was a main board director of the H. J. Heinz Company, where he had executive responsibility for Europe, Middle East and Africa. He has also had other key general management roles with Hillsdown Holdings and Premier Brands. Prior to general management Malcolm was a finance professional (FCMA) and worked for Cadbury Schweppes, Digital Equipment Corporation and Philips UK Ltd.

David Salkeld – Non-Executive Director
David Salkeld (BSc(Econ), Dip PM, FIGD) Formerly Group Chief Executive of Grampian Country Foods Group, Chief Executive of Arla Foods plc and Managing Director of Northern Dairies. Born in Middlesbrough and a graduate in Economics from London University, David has extensive experience in building and developing companies, and substantial experience in Agricultural businesses, manufacturing and retail. He is the Senior Independent Director for Kelda the FTSE 100 utilities group and is a Non Executive Director for Tees Valley Regeneration.

Gerard Russell – Technical and Operations Director
Gerard (Ged) is a graduate in quantity surveying and construction economics from the University of Salford. After completing his degree, Ged worked for the Mossmorran project in Fife for Shell ⁄ Esso, and then progressed into various roles for local authorities in the North East, eventually being promoted to the head of the building economics unit for North Yorkshire County Council. In 1989 Ged joined Baker Mallett LLP where he worked on projects for ICI, Enron Power, Uniqema, Synetix, Katalco and other chemical products businesses throughout Europe and the US. In 1994 Ged was appointed as a partner with the firm and in 2004 ⁄ 05 managed the team which took the Biofuels Corporation plc biodiesel plant project from flotation through to physical completion. Ged was appointed as Technical & Operations Director of the company on 19 January 2006.

David Knibbs – Commercial Director
After completing a degree in Economics at Sheffield University, David joined the Mars Corporation as a graduate trainee. Over the next 9 years, David took on a number of roles in both sales and marketing, rising to the position of National Sales Manager. David joined HP Bulmer, the UK listed drinks business in 1997 as Sales & Trade Marketing Director, and then in 2000 David became CEO of their North American business where he spearheaded the launch of the Strongbow brand in the USA. In 2003, David was appointed Group Marketing Director of Grampian Country Food Group (the UK’s leading meat and poultry supplier and a top 5 supplier to each of the major supermarkets). David brings extensive experience in sales and marketing in both customer and channel management and in brand development. David was appointed Commercial Director of the Company on 1st March 2007.

Gareth Jones, Finance Director
Gareth qualified as a Chartered Accountant with PricewaterhouseCoopers in 1993. Following a year with the British Printing Company, Gareth joined Syltone plc as Group Accountant and shortly afterwards in 1996 he was appointed Finance Director of Emco Wheaton, one of Syltone plc’s manufacturing facilities responsible for the design and manufacture of oil valves. In 2000 he was appointed Group Financial Controller of Syltone plc.
In 2004, following the acquisition of Syltone plc by US listed company Gardner Denver Inc, Gareth was appointed to the post of European Finance Director and subsequently Finance Director for the Blower Division, the largest of the company’s divisions (turnover $450m in 2005/06).

Peter Jones – Director
Peter Jones has been engaged as a consultant to Vireol plc since November 2006 to advise on the wheat market and strategic issues. Peter has recently retired as wheat director of Rank Hovis McDougall where he had the responsibility for buying 1.5 million tonnes of wheat per annum. He is a former chairman of the Wheat Committee of the National Association of British and Irish Millers, as well as a regular industry negotiator with the National Farmers Union, the Department for Environment Food and Rural Affairs, and the European Commission.

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